Corn:
The corn crop has fully matured. The harvest is 72 percent complete, up 12 points from last week and 16 points over the historical norm. 10.73 billion bushels have been harvested with 4.17 billion bushels remaining. Several large corn producing states like Iowa, Nebraska, North Dakota and South Dakota are well ahead of their traditional harvest pace and are carrying the national average higher. There are eight out of 18 reporting states that trail their average pace, with Ohio being the furthest behind, trailing by 20 points.
Soybeans: …
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...